US30 ( UNDER BULLISH PRESSURE - 4H US30 / 4H TIME FRAME
HELLO TRADERS
in the last analyses reached our target + 450 pip profit .
Tendency , prices is under upward pressure , until trading above turning level at 2,507$
Upward Condition: With the price holding steady at the current turning level (1) at 41,040 and retest with stabilizing above turning level (2) at 40,680 , it is likely to rise towards the resistance level (1) of 41,401. If it stabilizes above this level, it could then reach the next target level of 41,864.
Downward Condition : To reach the 40,239 support level (1) , the price needs to first break the turning level (2) by closing a 4-hour candle below 40,680 . If it stabilizes below support level (1) , a further decline toward the support level (2) at 39,812 can be anticipated .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 41,401 .
RESISTANCE LEVEL (2) : 41,864 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 40,239 .
SUPPORT LEVEL (2) : 39,812 .
TURNING LEVEL : 41,040 , 40,680 .
Tradingsignals
EURUSD / TRADING BELOW TURNING LEVEL - 4H XRPUSDT / 4H TIME FRAME
HELLO TRADERS
Tendency , prices is under downward pressure , until trading below turning level at 1.112 .
Downward Condition : With the price holding steady at the current turning level at 1.112 , it is likely to decline towards the support level of 1.108 . If it stabilizes below this level, it could then reach the next target level of 1.103 .
Upward Condition : for an upward , a potential is expected if the price breaks the turning level at 1.112 , leading to a rise toward the resistance level (1) at 1.118 . For a sustained increase, the price must breaking the resistance level (1) to reach the next resistance at 1.124 .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 1.118 .
RESISTANCE LEVEL (2) : 1.124 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 1.108 .
SUPPORT LEVEL (2) : 1.103 .
TURNING LEVEL : 1.112 .
DOGECOIN / CONTINUES RANGE MOVEMENT - 4H DOGECOIN / 4H TIME FRAME
HELLO TRADERS
Tendency , prices is under upward pressure , until trading above turning level at 0.09 .
Upward Condition : The price is currently experiencing bullish momentum. As long as it remains above the 0.09 turning level , it is likely to move upward toward the resistance levels of 0.10 and then 0.11 .
Downward Condition : To reach the 0.08 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 0.09. If it stabilizes below support level (1) , a further decline toward the support level (2) at 0.07 can be anticipated .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 0.11 .
RESISTANCE LEVEL (2) : 0.10 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 0.08 .
SUPPORT LEVEL (2) : 0.07 .
TURNING LEVEL : 0.09 .
NOTUSDT / INSIDE SENSITIVE AREA - 4HNOTUSDT / 4H TIMEFRAME
HELLO TRADERS
Tendency , prices is under upward pressure , until trading above turning level (2) at 0.008
Upward Condition : The price is currently experiencing bullish momentum. As long as it remains above the 0.009 turning level , it is likely to move upward toward the resistance levels of 0.011 and then 0.013.
Downward Condition : To reach the 0.007 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 0.008. If it stabilizes below support level (1) , a further decline toward the support level (2) at 0.006 can be anticipated .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 0.011.
RESISTANCE LEVEL (2) : 0.013 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 0.007 .
SUPPORT LEVEL (2) : 0.006 .
TURNING LEVEL (1) : 0.009 .
TURNING LEVEL (2) : 0.008 .
Gold Analysis August 28☘️Fundamental Analysis
Gold prices lost steam amid a modest recovery in the US dollar (USD) on Wednesday. However, escalating geopolitical tensions in the Middle East could help limit losses. In addition, US Federal Reserve (Fed) Chairman Jerome Powell's speech at the Jackson Hole symposium last week, signaling that it was "time" to start cutting interest rates, could support the precious metal as it reduces the opportunity cost of holding non-interest-bearing assets.
Investors will pay closer attention to speeches by Fed officials Christopher Waller and Raphael Bostic on Wednesday for some hints on the path of US interest rates. Attention will also turn to preliminary data on US annualised GDP for the second quarter (Q2) and the Personal Consumption Expenditures (PCE) price index, due on Thursday and Friday. Better-than-estimated results could lift the US Dollar (USD) and limit upside in USD-denominated Gold prices.
☘️Technical analysis
Gold is retreating from the closing level of 2424, currently gold is approaching the important area of 2509. When breaking this area, lower areas can pay attention to trading in the European session around 2503-2495. Today, the main plan is to wait for buying to break ATH. On the contrary, if the price pushes to 09 and does not break, you can buy in the 09 area. If you cannot break this area in the European session, you can close the order. The candle closes above 2020 after the European session ends, consider finding a recovery point for DCA to buy the target to break ATH.
Wish you a successful transaction.
SELL scalp zone 2530 - 2532 stoploss 2536
SELL zone 2545 - 2547 stoploss 2551
BUY scalp zone 2496 - 2494 stoploss 2490
BUY zone 2485- 2483 stoploss 2480
Trading gold updatedGold is trading around 2507 after a recovery in the early European session when the price was pushed up to nearly 2512. The trading strategy is considered to pay attention to the buy zones as in the analysis at the beginning of the day in the 2295-2485 zone. The sell zone we can consider selling when the next m30 candle clusters close below the 2508 zone before the US session jumps in.
Wish you a successful transaction.
SELL scalp zone 2530 - 2532 stoploss 2536
SELL zone 2545 - 2547 stoploss 2551
BUY scalp zone 2496 - 2494 stoploss 2490
BUY zone 2485- 2483 stoploss 2480
The market is expecting the US to reduce interest rates.World gold costs improved no matter the quantity of USD recovered. Recorded at 9:forty five a.m. on August 28, the United States Dollar Index measuring the fluctuation of the dollar with 6 principal currencies changed into at 100,575 points (up 0.12%).
The new rate of gold discussion board improved amid enhancing person sentiment. The US client self belief index in August painted an positive picture, growing to 134.four from 133.1 in July.
The catalyst for the weak spot of the USD/ounce may also originate from the cease of June whilst worries started to shape across the US Federal Reserve`s (FED) cappotential to pivot to normalizing hobby rates. .
This sentiment changed into bolstered via way of means of Fed Chairman Jerome Powell's current speech on the Economic Symposium in Jackson Hole, Wyoming. Those who spot Powell's overall performance certainly verify that the technology of sturdy hobby gains, which started in March 2022, is over, with the primary bearish take advantage of probably to take vicinity in September this year.
✅ OANDA:XAUUSD BUY 2504 - 2501💲
➡️TP1: 2510
➡️TP2: 2520
🚫SL: 2490
✅ OANDA:XAUUSD SELL 2516 - 2519💲
➡️TP1: 2500
➡️TP2: 2490
🚫SL: 2530
XAUUSD Daily Chart AnalysisHere's a detailed breakdown of the XAU/USD daily analysis to guide your trading decisions:
Buy Scenario:
Trigger Point: Watch for the daily candle to close above 2519.208. This level is crucial as a close above it signals a potential bullish trend.
Target: Should the buy signal be confirmed, set your target at 2531.800. This target suggests a move of at least 100+ pips, giving you an opportunity to capture significant gains.
Action: If the candle closes above the specified level, consider entering a buy position. Monitor the price closely to adjust your strategy as needed.
Sell Scenario:
Trigger Point: Look for the daily candle to close below 2509.722. This would indicate a bearish shift and signal a potential selling opportunity.
Confirmation: After the close below this level, wait for a Change of Character (CHOC) confirmation to validate the bearish trend. CHOC helps ensure that the market is indeed shifting direction before committing to a sell trade.
Target: If the CHOC confirmation is met, aim for a sell target of 2494.200. This setup provides an opportunity to gain at least 100+ pips.
Action: Once you have the CHOC confirmation, enter the sell trade and monitor the price movement closely. Adjust your stop-loss and take-profit levels to manage risk and maximize returns.
Summary:
Buy if the daily close is above 2519.208 with a target of 2531.800.
Sell if the daily close is below 2509.722 and confirmed by a CHOC, targeting 2494.200.
Keep an eye on these levels and be prepared to act according to market conditions. With these strategies, you can position yourself to potentially capture significant profits. 📊💰
BTC soon breakout?Hello traders!
Here's a quick update on BTC. My thoughts remain the same—it's likely that we'll see growth soon.
The reasons are:
1) Bears are quite weak.
2) According to wave patterns and the flag, we're moving toward the top.
3) Historically, autumn has shown upward movements.
IMPORTANT! Always follow your risk management strategy. Don’t risk more than 5%. Happy trading!
GOLD - still valid short ? what's next??#GOLD - so far market perfectly holding our resistance region that was discussed in our video analysis.
and guys keep in mind that that is still valid short and until market holding our above resistance region.
IT WILL NEVER EVER BREAK OR CLEAR 2535 BEFORE ANY NEWS FROM WAR SIDE OR UNEXPECTED INTEREST RATE SIDE.
keep close and don't go for a long , yes you can do it for scalp or in shorter time frame.
stay sharp.
good luck
trade wisely
Low interest rate environments tend to boost gold's appealWorld gold prices increased slightly with spot gold increasing by 3.2 USD to 2,518.6 USD/ounce. Gold futures last traded at $2,553.90/ounce, up $4.30 from yesterday morning.
World gold prices continue to maintain their recent record high thanks to support from the weakening of the USD and increased expectations that interest rates will be cut at the September meeting after the balance statement from Chairman of the US Federal Reserve (Fed) Jerome Powell.
According to UBS analyst Giovanni Staunovo, Mr. Powell sent a strong signal about providing monetary policy at the end of the third quarter. The president of the most powerful central bank in the world is also strong, the speed and process of cuts will depend on the upcoming economic material.
✅ OANDA:XAUUSD SELL 2523 - 2528
✔️TP1: 2515
✔️TP2: 2500
💥TP3: OPEN
🚫SL: 2536
✅ OANDA:XAUUSD BUY 2503 - 2500
✔️TP1: 2515
✔️TP2: 2530
💥TP3: OPEN
🚫SL: 2494
Gold Price Analysis August 27☘️Fundamental Analysis
Gold prices traded in negative territory amid a modest recovery in the US dollar (USD) on Tuesday. However, signals from US Federal Reserve (Fed) Chairman Jerome Powell at Jackson Hole that the central bank will begin cutting interest rates are likely to support the precious metal. Lower interest rates are generally beneficial for gold as they reduce the opportunity cost of holding non-interest-bearing assets. Moreover, rising geopolitical tensions in the Middle East could further boost gold, a traditional safe-haven asset.
The People’s Bank of China (PBOC) stopped buying gold in July, marking the third straight month of no purchases for its reserves. Traders will be watching August data for fresh impetus. Concerns about a slowing economy and demand for the precious metal in China could drag down gold prices as China is the world’s largest producer and consumer of gold. August Consumer Confidence Index and Price Index
☘️Technical Analysis:
Gold is trading around the 2516 resistance zone and heading towards today's most important hook around 2525. When the price closes above 2516 when the European session ends, gold will head towards 2525 and make a new high when the US session begins. If gold is pushed lower than the 2509 zone when the European session begins, the price will soon be pushed to 2502 and this is a notable level before finding today's BUY zone around 2495.
SELL zone 2525 - 25277 stoploss 2530
SELL price zone 2545 - 2547 stoploss 2551
BUY price zone 2496 - 2494 stoploss 2490
BUY price zone 2486- 2484 stoploss 2480
XAGUSD - SWING SHORT idea Price made a false breakout of the previous week high with a strong bearish reaction. Also, the start of the new week will probably be manipulation with distribution lower.
A great sign of weakness is when the new week candle open, makes a false run on one side with a a sweep of liquidity (many traders are trapped), and then distributes on the true side.
GBPUSD / TRADING ABOVE TURNING LEVEL - 4HGBPUSD
HELLO TRADERS
Tendency , the price is under bullish pressure , until trading above turning level at 1.292 .
Turning Level: The price is currently trading above this level around 1.292. As long as it remains stable and stays above this level, a rising toward the resistance level (1) is likely . However, if the price breaks under this level and a 4-hour candle closes below it, an downward move toward the support level (1) can be expected.
support Level (1) : around 1.283 , The price is currently above turning level . To reach this level, the price needs to break and close a four-hour candle below the turning level at 1.292. If the price reaches 1.283 , and stabilizes below it, it will likely attempt to reach support level (2)
support Level (2): When the price breaks through support Level (1) and closes a 4-hour candle below it, this suggests it could reach around 1.275 . To confirm an downward , the price needs to reach this level before moving on to support Level (3) at 1.266 .
Resistance Level (1): As long as the price remains above the turning level of 1.292 , it suggests a rising towards 1.303 . If the price reaches this level and stabilizing above it, it will likely attempt to reach resistance Level (2).
Resistance Level (2): When the price breaks through resistance level (1) and closes a 4-hour candle above it, this suggests it could reach around 1.310 . To confirm an uptrend , the price needs to reach this level before climb on to resistance Level (3) at 1.316 .
Channel Trend: the prices trading inside the channel .
TARGET LEVEL :
RESISTANCE LEVEL : 1.303 , 1.310 , 1.316 .
SUPPORT LEVEL : 1.283 ,1.275 , 1.266 .
USDJPY ( INSIDE ACCUMULATION ZONE ) - 4H USDJPY - 4H TIME FRAME
HELLO TRADERS
Tendency , prices is under upward pressure , until trading above turning level at 145.490 .
Upward Condition : The price is currently experiencing bullish momentum. As long as it remains above the 145.490 turning level , it is likely to move upward toward the resistance levels of 147.677 and then 150.861.
Downward Condition : To reach the 144.073 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 145.490. If it stabilizes below support level (1) , a further decline toward the support level (2) at 142.268 can be anticipated .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 147.677 .
RESISTANCE LEVEL (2) : 150.861 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 144.073 .
SUPPORT LEVEL (2) : 142.268 .
TURNING LEVEL : 145.490 .
NOTUSDT / TRADING BETWEEN TURNING LEVEL & RESISTANCE LEVEL (1) NOTUSDT
HELLO TRADERS
Tendency , the price is under bullish pressure , until trading above turning level at 0.010 .
Turning Level: The price is currently trading above this level around 0.010 . As long as it remains stable and stays above this level, a rising toward the resistance level (1) is likely . However, if the price breaks under this level and a 4-hour candle closes below it, an downward move toward the support level (1) can be expected.
support Level (1) : around 0.009 , The price is currently above turning level . To reach this level, the price needs to break and close a four-hour candle below the turning level at 0.010 . If the price reaches 0.009 , and stabilizes below it, it will likely attempt to reach support level (2) .
support Level (2): When the price breaks through support Level (1) and closes a 4-hour candle below it, this suggests it could reach around 0.008 . To confirm an downward , by breaking 4h candle close below it , it suggest to reach support level (3) at 0.007 .
Resistance Level (1): As long as the price remains above the turning level of 0.010 , it suggests a rising towards 0.012 . If the price reaches this level and stabilizing above it, it will likely attempt to reach resistance Level (2).
Resistance Level (2): When the price breaks through resistance level (1) and closes a 4-hour candle above it, this suggests it could reach around 0.014 . To confirm an uptrend , the price needs to reach this level before climb on to resistance Level (3) at 0.016 .
Channel Trend: the trading rate within the descending channel .
TIME Frame / 4h
TARGET LEVEL :
RESISTANCE LEVEL : 0.012 , 0.014 , 0.016 .
SUPPORT LEVEL : 0.009 , 0.008 , 0.007 .
XRPUSDT ( IT WILL BE RISING TO REACH RESISTANCE LEVEL ) ( 4H )XRPUSDT
HELLO TRADERS
The current price is trading at a turning level at 0.54. Consolidation and holding at this level would provide strong support for a price increase towards the resistance level (1) of 0.59. However, if the price breaks down and a four-hour candle closes below this level, it may lead to a decline towards the first support level. This area is very strong , and if it stabilizes above 0.48 , we could see a strong upward movement. To confirm a downward trend, a break of 0.48 is needed to reach the second support level at 0.45.
Upward Zone: As long as the price stays above the turning level at 0.54 , XRPUSDT is likely to rising towards resistance level (1) at 0.59 . If a 4-hour candle closes above this level , it could push further to 0.62 . Once the price stabilizes above the resistance level (2) around 0.62 , we might witness to reach resistance level (3) at 0.65 .
Downward Zone: by breaking turning level around 0.54 , it suggests a decline towards support level (1) at 0.48 , confirming a downward trend. If the price stabilizes or stays below this level, there is a strong likelihood of reaching the support level (2) around 0.45 or possibly even lower
CORRECTIVE : currently price it will be attempt to retest to reach a turning level at
0.54 before rising .
TARGET LEVEL :
RESISTANCE LEVEL : 0.59 , 0.62 , 0.65 .
SUPPORT LEVEL : 0.48 , 0.45 , 0.39 .
Turning level at 0.54 , Time Frame ( 4H ) .
DOGEUSDT / TRADING INSIDE DESCENDING CHANNEL - 4H DOGEUSDT
HELLO TRADERS
Tendency , the price is under bullish pressure , until trading above turning level at 0.094 .
Turning Level: The price is currently trading above this level around 0.094 . As long as it remains stable and stays above this level, a rising toward the resistance level (1) is likely . However, if the price breaks under this level and a 4-hour candle closes below it, an downward move toward the support level (1) can be expected.
support Level (1) : around 0.084 , The price is currently above turning level . To reach this level, the price needs to break and close a four-hour candle below the turning level at 0.094 . If the price reaches 0.084 , and stabilizes below it, it will likely attempt to reach support level (2) .
support Level (2): When the price breaks through support Level (1) and closes a 4-hour candle below it, this suggests it could reach around 0.077 . To confirm an downward , the price needs to reach this level before moving on to support Level (3) at 0.068 .
Resistance Level (1): As long as the price remains above the turning level of 0.094 , it suggests a rising towards 0.113 . If the price reaches this level and stabilizing above it, it will likely attempt to reach resistance Level (2).
Resistance Level (2): When the price breaks through resistance level (1) and closes a 4-hour candle above it, this suggests it could reach around 0.126 . To confirm an uptrend , the price needs to reach this level before climb on to resistance Level (3) at 0.135 .
Channel Trend: the trading rate within the descending channel .
TARGET LEVEL :
RESISTANCE LEVEL : 0.113 , 0.126 , 0.135 .
SUPPORT LEVEL : 0.084 , 0.077 , 0.068.
DOTUSDT / TRADING ABOVE TURNING LEVEL - 4HDOTUSDT / 4H TIME FRAME
HELLO TRADERS
Tendency , prices is under upward pressure , until trading above turning level at 4.544
Upward Condition : The price is currently experiencing bullish momentum. As long as it remains above the 4.544 turning level , it is likely to move upward toward the resistance levels of 4.881 and then 5.370.
Downward Condition : To reach the 4.255 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 4.544. If it stabilizes below support level (1) , a further decline toward the support level (2) at 3.894 can be anticipated .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 4.881 .
RESISTANCE LEVEL (2) : 5.370 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 4.255 .
SUPPORT LEVEL (2) : 3.894 .
TURNING LEVEL : 4.544 .
NAS100USD / UNDER BULLISH PRESSURE - 4HNAS100USD / 4H TIME FRAME
HELLO TRADERS
Tendency , prices is under upward pressure , until trading above turning level at 40,680
Upward Condition : The price is currently experiencing bullish momentum. As long as it remains above the 19,600 turning level , it is likely to move upward toward the resistance levels of 20,234 and then 20,553 .
Downward Condition : To reach the 19,188 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 19,600 . If it stabilizes below support level (1) , a further decline toward the support level (2) at 18,774 can be anticipated .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 20,234 .
RESISTANCE LEVEL (2) : 20,553 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 19,188 .
SUPPORT LEVEL (2) : 18,747 .
TURNING LEVEL : 19,600 .
USDCAD / BREAKOUT ASCENDING CHANNEL - 4H USDCAD / 4H TIME FRAME
HELLO TRADERS
Tendency , prices is under downward pressure , until trading below turning level at 1.360 .
Downward Condition : With the price holding steady at the current turning level at 1.360 , it is likely to decline towards the support level of 1.354. If it stabilizes below this level, it could then reach the next target level of 1.350 .
Upward Condition : for an upward , a potential is expected if the price breaks the turning level at 1.360, leading to a rise toward the resistance level (1) at 1.369 . For a sustained increase, the price must breaking the resistance level (1) to reach the next resistance at 1.376 .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 1.369 .
RESISTANCE LEVEL (2) : 1.376 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 1.354 .
SUPPORT LEVEL (2) : 1.350 .
TURNING LEVEL : 1.360 .